Louis Bacon's Favorite ETF Picks

Insider Monkey submits: Moore Capital Management was founded in 1989. It is based in New York, with offices in Washington, D.C., and London. Louis Moore Bacon is the founder and CEO of the company. Bacon has a MBA degree from Columbia Business School. Bacon specializes in taking macroeconomic bets on currencies and bonds. During the first year of foundation, he achieved 89% return by correctly predicting the effects of Gulf war on oil prices. Bacon had a net worth of $1.5 Billion as of March 2010. Bacon has been at the top 20 ranking of Top 100 money earners since the 1990s. According to institutionalinvestors.com, Bacon had made $11.5 Billion profit since inception and ranks 8th among hedge fund managers. Bacon’s portfolio has a high turnover rate. It was 209.8% in March 2010.The firm invests in public equity and fixed income securities across the globe. It employs a global macro-style approach to investing.Complete Story »

By Insider Monkey: Louis Moore Bacon founded Moore Capital Management in 1989. He launched Moore Global Investments in 1990 with his $25,000 family inheritance. During the past two decades, he has been one of the top 20 money earners. He is among the 10 richest U.K. hedge fund managers. His personal wealth is estimated to be more than $1.5 billion.

Insider Monkey submits: Insider Monkey profiled Joshua Friedman and Mitchell Julis’ Canyon Capital. Friedman is a graduate of Physics at Harvard College. He also has a master’s degree in Oxford and an MBA from Harvard Business School. Mitchell Julis is a graduate of Princeton University and has an MBA degree from Harvard Business School.

By Insider Monkey: Tom Brown is the founder and CEO of Second Curve Capital. During 1980s and 1990s, he worked at Smith Barney, PaineWebber and Donaldson Lufkin & Jenrette, and became one of the most respected Wall Street analysts for financial stocks.

By Insider Monkey: This is the perfect time to invest in high dividend stocks. Treasury yields are ridiculously low and high dividend stocks offer higher dividend yields, some inflation protection, and some growth potential to investors. One of the practical ways to pick strong high dividend stocks is to choose those favored by famous hedge fund managers. Louis Bacon, founder of Moore Capital Management, is one of these managers.

By Insider Monkey: Ravenel Boykin Curry IV, 45 years old, has a fantastic background. He has a degree in Economics from Yale University and an MBA degree from Harvard Business School. He also once worked at Morgan Stanley and Mark Kingdon’s hedge fund Kingdon Capital Management. Now, he is the partner of Eagle Capital Management, a New York based hedge fund founded by his father, Ravenel Boykin Curry III.

Insider Monkey submits:
Legg Mason Global Asset Management is one of the largest asset management firms in the world. Assets under management as of December 31, 2010, were $672 billion (11th largest asset manager in the world). Fifty percent of these assets invested in fixed income securities and most of these (70%) are in the Americas Division.

Insider Monkey submits: Florida based Intrepid Capital Management was founded in 1995. Mark Travis is a founding partner and head portfolio manager there. He's responsible for operations and investment decisions of the balanced, high yield fixed income portfolios and the Intrepid Capital, L.P. hedge fund. Travis received his BA in Economics from Georgia University. Prior to founding Intrepid, he worked at the Consulting Group of Smith Barney & its predecessor firms for 10 years.